HOUSTON, TX / ACCESSWIRE / August 31, 2016 / New emission standards developed by the Environmental Protection Agency (EPA) and National Highway Traffic Safety Administration (NHTSA) have been announced that improve fuel efficiency and reduce greenhouse gas (GHG) emissions in Medium-and Heavy-Duty vehicles. Known as the Phase 2 program, the technology-advancing standards apply to model year 2018 and beyond.

While noteworthy, the standards are not backward looking. One company, Commercial Hydrogen, Inc. of Houston, Texas is leading the field, however. It has developed advanced hydrogen technology for current and past-year trucks. Staying ahead of the regulatory curve, Commercial Hydrogen has developed a proprietary retrofit for existing diesel engines.

“We are proud to introduce to the market our 5th Generation Hydrogen On Demand packages,” announced Commercial Hydrogen, Inc. CEO, Todd Fowler. “We have been ahead of EPA regulations from day one,” Fowler continues.

Commercial Hydrogen’s approach is to install a retrofit package to the engine. Hydrogen vapor is injected directly into the combustion chamber. The retrofit kits work with diesel and CNG/LNG engines and are designed to be installed during normal fleet maintenance cycles. The result is improved performance and enhanced air quality. In fact, Commercial Hydrogen has found a reduction of 50 percent to 70 percent of particulates, CO2 and NOX.

According to the EPA, Class 7 and 8 tractors account for roughly 60 percent of total GHG emissions and fuel consumption from the heavy-duty sector. This is due to their large payloads and high number of miles traveled. These tractors play a major role in freight transport in the United States. The CO2 and fuel consumption standards for commercial trucks start in model year 2020. They increase incrementally in model year 2024, and phase-in completely by model year 2027.

The fully phased-in standards dictate up to 25 percent lower CO2 emissions and fuel consumption compared to Phase 1 standards. Manufacturers will be able to meet the tractor standards through improvements in the engine, transmission, driveline, aerodynamic design, lower rolling resistance tires, extended idle reduction technologies, and other accessories. Since engine technology delivers significant benefits, a separate set of engine standards was developed to ensure that manufacturers implement engine technologies to deliver those benefits.

Commercial Hydrogen, Inc. is poised to dominate this market with a substantial reduction in GHG emissions. As a positive cost benefit, fuel consumption is reduced, as well as vehicle wear and tear.

For more information about hydrogen technology, please visit, http://www.CHydrogen.com.

Media Contact:

Troy Bohlke
480.584.2909

SOURCE: Commercial Hydrogen, Inc.

ReleaseID: 444606

LOS ANGELES, CA / ACCESSWIRE / August 31, 2016 / Lundin Law PC (the “Firm”) announces a class action lawsuit has been filed against Emergent BioSolutions, Inc. (“Emergent” or the “Company”) (NYSE: EBS) concerning possible violations of federal securities laws between January 11, 2016 and June 21, 2016 (the “Class Period”). Investors who purchased or otherwise acquired shares during the Class Period should contact the Firm before the September 19, 2016 lead plaintiff motion deadline.

To participate in this class action lawsuit, click here. You can also call Brian Lundin, Esquire, of Lundin Law PC, at 888-713-1033, or e-mail him at brian@lundinlawpc.com.

No class has been certified in the above action yet. Until a class is certified, you are not considered represented by an attorney. You may also choose to do nothing and be an absent class member.

According to the complaint, the Company issued materially false and misleading statements about its business and financial prospects, specifically relating to future lucrative contract renewals and demand from the U.S. government for its anthrax vaccine BioThrax. These statements caused the Company’s common stock to trade at artificially inflated prices, which certain defendants were able to sell. On June 22, 2016, Emergent announced that the U.S. government issued notices that it would be purchasing fewer doses than investors were led to believe, and that when newer and faster next-generation anthrax vaccines are developed and approved, the Company would lose its procurement contract exclusivity. When this information was released to the public, shares of Emergent dropped in value, causing investors harm.

Lundin Law PC was founded by Brian Lundin, a securities litigator based in Los Angeles dedicated to upholding shareholders’ rights.

This press release may be considered Attorney Advertising in certain jurisdictions under the applicable law and ethical rules.

Contact:

Lundin Law PC
Brian Lundin, Esq.
Telephone: 888-713-1033
Facsimile: 888-713-1125
brian@lundinlawpc.com
http://lundinlawpc.com/

SOURCE: Lundin Law PC

ReleaseID: 444620

LOS ANGELES, CA / ACCESSWIRE / August 31, 2016 / Lundin Law PC (the “Firm”) announces a class action lawsuit has been filed against The Hain Celestial Group, Inc. (“Hain” or the “Company”) (Nasdaq: HAIN) concerning possible violations of federal securities laws between November 9, 2015 and August 15, 2016 inclusive (the “Class Period”). Investors who purchased or otherwise acquired shares during the Class Period should contact the Firm in advance of the October 17, 2016 lead plaintiff motion deadline.

To participate in this class action lawsuit, click here. You can also call Brian Lundin, Esquire, of Lundin Law PC, at 888-713-1033, or e-mail him at brian@lundinlawpc.com.

No class has been certified in the above action. Until a class is certified, you are not considered represented by an attorney. You may also choose to do nothing and be an absent class member.

According to the complaint, during the Class Period, the Company made false and misleading statements and/or failed to disclose: that Hain lacked effective internal control over financial reporting; that the Company failed to properly account for revenue associated with concessions that were granted to certain distributors in the United States; and a result of the above, Hain’s statements about its business, operations and prospects, were false and misleading and/or lacked a reasonable basis. When this information was disclosed to the public, shares of Hain decreased in value.

Lundin Law PC was founded by Brian Lundin, a securities litigator based in Los Angeles dedicated to upholding shareholders’ rights.

This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules.

Contact:

Lundin Law PC
Brian Lundin, Esq.
Telephone: 888-713-1033
Facsimile: 888-713-1125
brian@lundinlawpc.com
http://lundinlawpc.com/

SOURCE: Lundin Law PC

ReleaseID: 444621

TORONTO, ON / ACCESSWIRE / August 31, 2016 / Gunpowder Capital Corp., (CSE: GPC) (FSE: YS6N) (the “Corporation”) is pleased to announce today that it has received conditional approval to have the Corporation’s “Series A” Preferred Shares listed onto the Canadian Securities Exchange (“CSE”) under the trading symbol “GPC.PR.A”.

The Corporation is currently acquiring the necessary CUSIP and ISIN numbers for the securities and will update shareholders, via a press release, once the Corporation has obtained full approval from the CSE and the exact listing date.

For further information please contact:

Mr. Frank Kordy
Interim CEO & Director
Gunpowder Capital Corp.
T: (647) 466-4037 
E: frank.kordy@gunpowdercapitalcorp.com

Mr. Paul Haber
CFO
Gunpowder Capital Corp.
T: (416) 363-3833
E: paul.haber@gunpowdercapitalcorp.com

Forward-Looking Statements

Information set forth in this news release may involve forward-looking statements under applicable securities laws. The forward-looking statements contained herein are expressly qualified in their entirety by this cautionary statement. The forward-looking statements included in this document are made as of the date of this document and the Corporation disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as expressly required by applicable securities legislation. Although Management believes that the expectations represented in such forward-looking statements are reasonable, there can be no assurance that such expectations will prove to be correct. This news release does not constitute an offer to sell or solicitation of an offer to buy any of the securities described herein and accordingly undue reliance should not be put on such. Neither CSE nor its Regulation Services Provider (as that term is defined in the policies of the CSE accepts responsibility for the adequacy or accuracy of this release.

SOURCE: Gunpowder Capital Corp.

ReleaseID: 444619

IRVINE, CA / ACCESSWIRE / August 31, 2016 / Khang & Khang LLP (the “Firm”) announces a class action lawsuit has been filed against SunPower Corporation (“SunPower” or the “Company”) (NASDAQ: SPWR). Investors, who purchased or otherwise acquired shares between February 17, 2016 and August 9, 2016 inclusive (the “Class Period”), are encouraged to contact the Firm prior to the October 17, 2016 lead plaintiff motion deadline.

If you purchased shares of SunPower during the Class Period, please contact Joon M. Khang, Esquire, of Khang & Khang, 18101 Von Karman Avenue, 3rd Floor, Irvine, CA 92612, by telephone: (949) 419-3834, or via e-mail at joon@khanglaw.com.

There has been no class certification in this case. Until certification occurs, you are not represented by an attorney. You may choose to take no action and remain a passive class member.

According to the complaint, during the Class Period, SunPower made false and misleading statements and/or failed to disclose: that many of SunPower’s customers were adopting a longer-term timeline for project completion; that the Company’s near-term economic returns were deteriorating due to aggressive PPA pricing by new market entrants; that market disruption in the YieldCo environment was affecting SunPower’s assumptions related to monetizing deferred profits; that demand for the Company’s products was significantly declining; that the Company would implement a manufacturing realignment that would result in significant restructuring charges; that the Company’s fiscal year 2016 guidance was overstated; and as a result of the above, SunPower’s statements about its business, operations and prospects, were false and misleading and/or lacked a reasonable basis.

If you wish to learn more about this lawsuit, or if you have any questions concerning this notice or your rights, please contact Joon M. Khang, a prominent litigator for almost two decades, by telephone: (949) 419-3834, or via e-mail at joon@khanglaw.com.

This press release may constitute Attorney Advertising in some jurisdictions.

Contacts

Joon M. Khang, Esq.
Telephone: 949-419-3834
Facsimile: 949-225-4474
joon@khanglaw.com

SOURCE: Khang & Khang LLP

ReleaseID: 444617

LOS ANGELES, CA / ACCESSWIRE / August 31, 2016 / Lundin Law PC (the “Firm”) announces a class action lawsuit was filed against Power Solutions International, Inc. (“PSI” or the “Company”) (NASDAQ: PSIX) concerning possible violations of federal securities laws between May 8, 2015 and August 15, 2016 inclusive (the “Class Period”). Investors who purchased or otherwise acquired shares during the Class Period should contact the Firm in advance of the October 21, 2016 lead plaintiff motion deadline.

To participate in this class action lawsuit, click here. You can also call Brian Lundin, Esquire, of Lundin Law PC, at 888-713-1033, or e-mail him at brian@lundinlawpc.com.

No class has been certified in the above action. Until a class is certified, you are not considered represented by an attorney. You may also choose to do nothing and be an absent class member.

The complaint alleges that during the Class Period, PSI made false and misleading statements and/or failed to disclose that: the Company inappropriately recognized revenue for certain transactions; that the Company lacked adequate internal controls over financial reporting; and that as a result of the above, PSI’s public statements were materially false and misleading at all relevant times. On August 15, 2016, the Company announced that it would delay filing its Form 10-Q for the quarter ending June 30, 2016 because its financial statements were incomplete due to possible problems with certain transactions involving revenue recognition. When this information was disclosed, shares of PSI decreased in value.

Lundin Law PC was founded by Brian Lundin, a securities litigator based in Los Angeles dedicated to upholding shareholders’ rights.

This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules.

Contact:

Lundin Law PC
Brian Lundin, Esq.
Telephone: 888-713-1033
Facsimile: 888-713-1125
brian@lundinlawpc.com
http://lundinlawpc.com/

SOURCE: Lundin Law PC

ReleaseID: 444616

Includes $4.25 Million of Gross Cash Proceeds and the Conversion of $1.75 Million in Secured Debt

IRVINE, CA / ACCESSWIRE / August 31, 2016 / MRI Interventions, Inc. (OTCQB: MRIC) today announced it has entered into a definitive securities purchase agreement with a group of investors, which will result in gross proceeds to MRI Interventions of approximately $4.25 million, before deducting placement agents’ fees and estimated offering expenses. The securities under the securities purchase agreement consist of 851,000 units, composed of an aggregate of approximately 851,000 shares of its common stock and warrants to purchase approximately 765,900 shares of its common stock.

In addition to the securities purchase agreement and the proceeds contemplated thereunder, MRI Interventions has also entered into amendments to certain of its 12% promissory notes and warrants with two holders to provide for the automatic conversion of an aggregate principal balance of $1.75 million under such promissory notes into 350,000 units, on the same terms and conditions being offered in the private placement.

“We are pleased to complete this financing, and appreciate the support of the new and existing investors who participated,” said Frank Grillo, CEO and President of MRI Interventions, Inc. “The proceeds will be used for general corporate purposes, with a focus on providing growth capital for the ongoing commercialization efforts supporting our ClearPoint® Neuro Navigation System, a next generation platform for performing real-time, MRI-guided minimally invasive neurosurgery. We are particularly pleased with the continued growth of our business in all three areas – electrode placement, laser ablation and drug delivery. Several clinical-stage biotech companies developing life-changing therapies for severe diseases of the central nervous system, as well as companies pursuing direct delivery of chemotherapeutic compounds, have recognized the value of MRI-guided Convection Enhanced Delivery, enabled by our ClearPoint NeuroNavigation System.”

For each unit purchased or received upon conversion, the investor received one share of MRI Interventions’ common stock and a warrant to purchase 0.90 shares of MRI Interventions’ common stock. The investors have agreed to pay a negotiated price of $5.00 per unit, and the exercise price of the warrants will be $5.50 per share, with the warrants being exercisable for a five-year period beginning on the original date of issuance. This private placement is expected to close on or before September 6, 2016, subject to customary closing conditions.

Brookline Capital Markets (a division of CIM securities) acted as lead placement agent for the transaction.

The securities offered and to be sold by MRI Interventions in the private placement have not been registered under the Securities Act of 1933 or state securities laws and may not be offered or sold in the United States absent registration with the U.S. Securities and Exchange Commission or an applicable exemption from such registration requirements. MRI Interventions has agreed to file a registration statement with the Securities and Exchange Commission covering the resale of the shares of common stock, including shares of common stock issuable upon exercise of the warrants, to be issued in the private placement. Any resale of MRI Interventions’ securities under such resale registration statement will be made only by means of a prospectus.

This press release does not constitute an offer to sell or the solicitation of an offer to buy the securities, nor will there be any sale of the securities in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to the registration or qualification under the securities laws of such jurisdiction.

About MRI Interventions, Inc.

Building on the imaging power of magnetic resonance imaging, or MRI, MRI Interventions is creating innovative platforms for performing the next generation of minimally invasive surgical procedures. The ClearPoint system, which has received 510(k) clearance and is CE marked, utilizes a hospital’s existing diagnostic or intraoperative MRI suite to enable a range of minimally invasive procedures in the brain. For more information, please visit
www.mriinterventions.com.

Forward-Looking Statements

This press release contains forward-looking statements based upon the Company’s current expectations. Forward-looking statements include, without limitation, all
statements relating to any closing(s) of, and the amount of any proceeds from, the private placement transaction described in this press release. Forward-looking statements are subject to risks and uncertainties, and the Company’s actual results and the timing of events could differ materially from those anticipated in such forward-looking statements as a result of such risks and uncertainties, which include, without limitation, risks and uncertainties associated with market conditions and the satisfaction of closing conditions
related to the private placement described in this press release. There can be no assurance that the Company will be able to complete the private placement described in this press release on the terms described herein or in a timely manner, if at all. You should not place undue reliance on forward-looking statements, which apply only as of the date of this press release. The Company’s Annual Report on Form 10-K filed with the Securities and Exchange Commission on March 25, 2016 and Quarterly Report on Form 10-Q filed with the
Securities and Exchange Commission on August 15, 2016 contain under the heading “Risk Factors” a comprehensive description of risks to which the Company is
subject. The Company expressly disclaims any obligation or undertaking to release publicly any updates or revisions to any forward-looking statements contained
herein to reflect any change in its expectations with regard thereto or any change in events, conditions or circumstances on which any such statements are based.

Contact
Information:

MRI Interventions, Inc.

Harold A. Hurwitz, CFO, (949) 900-6833

SOURCE: MRI Interventions, Inc.

ReleaseID: 444614

CHICAGO, IL / ACCESSWIRE / August 31, 2016 / Methode Electronics, Inc. (NYSE: MEI) will host a conference call and live webcast to discuss the results of the fiscal 2017 first quarter, to be held Thursday, September 1, 2016 at 11:00 AM Eastern Time.

To participate in this event, dial 877-407-8033 domestically, or 201-689-8033 internationally, approximately 5 to 10 minutes before the beginning of the call. Additionally, you can listen to the event online at www.investorcalendar.com/IC/CEPage.asp?ID=175287 as well as via the Methode Electronics, Inc. website (www.methode.com).

If you are unable to participate during the live webcast, the event archive will be available at www.investorcalendar.com or www.methode.com.

You may access the teleconference replay by dialing 877-660-6853 domestically or 201-612-7415 internationally, referencing conference ID # 13644464. The replay will be available beginning approximately 2 hours after the completion of the live event, ending at midnight Eastern on October 1, 2016.

About Methode Electronics, Inc.

Methode Electronics, Inc. (NYSE: MEI) is a global developer of custom engineered and application specific products and solutions with manufacturing, design and testing facilities in China, Egypt, Germany, India, Italy, Lebanon, Malta, Mexico, Singapore, Switzerland, the United Kingdom and the United States. We design, manufacture and market devices employing electrical, electronic, wireless, safety radio remote control, sensing and optical technologies to control and convey signals through sensors, interconnections and controls. Our business is managed on a segment basis, with those segments being Automotive, Interface, Power Products and Other. Our components are in the primary end markets of the automobile, computer, information processing and networking equipment, voice and data communication systems, consumer electronics, appliances, aerospace vehicles and industrial equipment industries. Further information can be found on Methode’s Website at www.methode.com.

SOURCE: Investor Calendar

ReleaseID: 444460

TeleBrands’ Senior Executive Poonam Khubani Elected As ERA Chairman

WASHINGTON, DC / ACCESSWIRE / August 31, 2016 / The Electronic Retailing Association (ERA) (www.retailing.org) has announced its 2016-17 Board of Directors, effective September 2016.

Poonam Khubani, Vice President of TeleBrands, has been elected as ERA Chairman. Additional 2016-17 elected Officers include Kendra Elliott, Vice President, Media for Guthy-Renker, as Secretary and Scott Reid, President and Chief Executive Officer of Oak Lawn Marketing, as Treasurer.

Voted as Chairman Elect for 2017-18 is Gerald A. Bagg, Chief Executive Officer of Quigley-Simpson. Board Members 2016-17 ERA Board Members are: Jennifer DeMarco, General Counsel, Allstar Products Group; Chris Gassett, Senior Vice President, HSN; Ed Glynn, Partner, Locke Lorde, LLP; Brandon Lewis, President, EvTech Media, LLC; Shannon M. Moyer, Associate General Counsel, QVC, Inc.; Ranjit Mulgaonkar, President, DNA Response; Steve Thorne, CEO, National Marketing & Learning; and Isabelle Fournier (ERA Europe Representative), Marketing Vice President, Home Shopping Services (HSS).

About the Electronic Retailing Association:

The Electronic Retailing Association (ERA) serves as the exclusive trade association representing the $350 billion direct-to-consumer marketplace. ERA membership spans the globe to encompass all levels of direct marketers, from start-up companies to global leaders that employ the power of direct response to market across all platforms including television, digital media and radio to achieve a consumer-direct, measurable and accountable response. In addition to helping grow its members’ business opportunities and profitability as a major resource for networking, business tools and information, ERA is also the voice of the direct-to-consumer industry in the nation’s Capital, working daily to protect the regulatory and legislative climate in an ongoing effort to ensure direct response marketers’ ability to bring quality products and services to the consumer. Through its acclaimed self-regulatory guidelines, ERA is also dedicated to building consumer trust in direct response-marketed products and services.

CONTACT:

SSA Public Relations
Steve Syatt
(818) 907-0500
steve@ssapr.com

SOURCE: Electronic Retailing Association

ReleaseID: 444612

Perrus Promoted From Previous Position As Director, Membership Sales

WASHINGTON, DC / ACCESSWIRE / August 31, 2016 / The Electronic Retailing Association (ERA) (www.retailing.org) has promoted Jim Perrus from Director, Membership Sales to Vice President, Membership and Retention, it was announced by Chris Reinmuth, President and Chief Executive Officer of the Electronic Retailing Association.

In his new position, Perrus will be responsible for all annual membership revenues through the generation of new member sales, as well as the development and execution of a wide range of enhanced membership retention programs.

Perrus brings to his new ERA position over 20 years of non-profit association experience, including executive roles with the National Association of Broadcasters and Association for Financial Professionals. He also served as a senior account executive for ERA’s owned and operated trade publication Electronic Retailer Magazine. Perrus earned his BA from the University of Maryland.

Perrus is a native of Washington, D.C., and has a wife and two daughters. In his spare time, he serves as an NHL Off-Ice Official at all Washington Capitals home games. He is also a charter member of the Friends of the National World War II Memorial, a 501(c)(3) organization dedicated to honoring and preserving the national memory of World War II. His dad and five uncles were part of the Greatest Generation.

“Throughout the ERA membership, Jim Perrus is regarded as a dedicated ERA official and a reliable friend. His supportive attitude and caring efforts have touched all association members. Jim’s daily efforts play a vital role in the continuing growth of our association, and we look forward to benefitting from his drive and expertise as he assumes his expanded executive role,” said Reinmuth.

About the Electronic Retailing Association:

The Electronic Retailing Association (ERA) serves as the exclusive trade association representing the $350 billion direct-to-consumer marketplace. ERA membership spans the globe to encompass all levels of direct marketers, from start-up companies to global leaders that employ the power of direct response to market across all platforms including television, digital media and radio to achieve a consumer-direct, measurable and accountable response. In addition to helping grow its members’ business opportunities and profitability as a major resource for networking, business tools and information, ERA is also the voice of the direct-to-consumer industry in the nation’s Capital, working daily to protect the regulatory and legislative climate in an ongoing effort to ensure direct response marketers’ ability to bring quality products and services to the consumer. Through its acclaimed self-regulatory guidelines, ERA is also dedicated to building consumer trust in direct response-marketed products and services.

CONTACT:

SSA Public Relations
Steve Syatt
steve@ssapr.com
(818) 907-0500

SOURCE: Electronic Retailing Association

ReleaseID: 444610